Damus
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nostrich profile picture
Fundamental assumption that you should try to refute if you respond: social consensus and fair distribution are far more important than scarcity as long as the distribution schedule is known, transparent, and can only be changed with broad social consensus.
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Emcot · 154w
Social consensus on the finite scarcity of bitcoin will persist over time because of human nature. Greed. Suggesting an arbitrary inflation rate does two things: 1) shows you don’t respect the gift of perfect scarcity. We now have a definition of value that will not change over time- as with dist...